[Closed/Scam] UdonTrade

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[Closed/Scam] UdonTrade

Post by Pttn »

Discuss about the UdonTrade cryptocurrency exchange platform.

There is unfortunately a lot of scam warnings and complaints from other communities, so trade there at your own risk.

RIC/BTC: https://www.udontrade.com/market/ricbtc
RIC/USDT (ERC20, BEP20, TR20): https://www.udontrade.com/market/ricusdt

Riecoin BEP20 is also supported. RIC and RICB are indistinguishable on the platform (same wallet), so one could for example deposit RICB and withdraw RIC to make a RICB -> RIC swap.

Trading Fees: 0.2%
Deposit Fees: 1 RIC/0.0008 BTC
Withdrawal Fees: 0.1 RIC/0.0008 BTC
RIC Deposit Confirmations: 10
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Re: UdonTrade

Post by Pttn »

A representative contacted me on Riecoin and they listed Riecoin for free! Thank them by bringing some liquidity there!
The most interesting thing on this exchange is that they support Riecoin BEP20, and RIC/RICB are treated as the same currencies, so one can use the exchange to make swaps.
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Re: UdonTrade

Post by Pttn »

There is unfortunately a lot of scam warnings and complaints from other communities :| , so trade there at your own risk.
Personally, I am giving them the benefit of doubt for now. Their listing is really beneficial as they are currently the only way to swap RICB/RIC, it would really be a shame if the accusations turn out to be true.
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Re: UdonTrade

Post by ghost14 »

I can't access the exchange, they pulled the rug it seems
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Re: UdonTrade

Post by Pttn »

Damn, already... While they did look shady, they made the effort to list and support a lot of coins and provide a lot of features, it is actually a lot of work, so not sure if their goal is actually to scam, or if they are just completely incompetent people that flee because they cannot handle funds properly and could not bear the pressure of people accusing them...
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